Berlin Investment Property
Investment property in Berlin is becoming popular, as a growing number of investors and prospective buyers are learning about the tremendous financial returns on Berlin investment property from this fast-rising venture.
With an economic growth rate of 2.5 percent posted in 2006, Germany has earned its highest level of confidence in the world market in 15 years. The country is experiencing an unprecedented economic revival, what with a strong export market and a rising housing price index, and therefore making it a perfect time to invest.
There has been a steady increase of investors in Berlin after years of economic sluggishness, predominantly on the eastern part of the country and particularly in Berlin, which has kept the prices of properties relatively low. The mortgage outlook in the country has been encouraging, with the government easing up on mortgaging policies, as a lot of Germans opt to buy their own homes instead of just renting them.
Even throughout the year 2007, the economy has steadily grown by 2.5 percent and now we begin to see that housing prices have begun to rise slightly. Since commercial property and office spaces are very low in cost there have been many European and British investors setting up offices and headquarters there and continual pour money into Berlin. When the Berlin wall fell, the city entered the race with many other larger and advanced cities for economic development like Munich and Frankfurt to name a couple. However there is a particularly unconventional occurrence that is happening in Berlin since property prices are substantially lower in the capital the in less major cities of Germany Berlin investment property has become increasingly attractive.
The Mitte and Charlottenburg districts are identified as the best properties to invest in, where properties of high value can be sold for a very reasonable amount making them the best deals on the continent. In only a few years down the road, it is estimated that the property rates in these areas will extensively increase as the demand will increase several times over.
Serious interest is growing in the Berlin investment property arena due to the profitable returns on investment. The development of the Schlosspark-Carree for instance, is supported by a 10-year rental guarantee by a consortium of participating banks making it one of the most attractive investment opportunities in the whole continent. What is more, the 10-year rental guarantee is also complimented by a counterpart 10-year maintenance and modernization plan, and even free rental management of the properties offered for sale.
In terms of population, which is the backbone of any structured economy, Berlin has a stable population of 3.4 million people, or almost the same population of three cities; Frankfurt, Munich, and Hamburg; combined, making it the largest populated city in the entire country.
There were 1.8 million households with 1.8 persons living in each household at Berlin in the year of 2003. Over the past few years the numbers has increasingly raised very steadily and it is suspected by 2025, the number of households in the city should reach the 2 million mark. This spread out over eighteen years will be an increase annually of 8,400. This expanding population would start a large movement of investors investing in property at Berlin, which will cause local residence trouble in getting mortgages for their houses and would have to switch to renting a home.
This would happen by foreign investors purchasing high yield properties in Berlin and then reselling them to the locals for a decent profit, and Berlin would be the place to do this since it has the essential ingredients for a great property market venture.
The Advantages of buying Berlin investment properties
In contrast to other investment markets and centres around the world Berlins is a very liquid rental base market. Around 87% of Berlin's population which comes to about three million some people have decided to rent out their homes instead of buying them for ownership. Near the end of the year in 2008 vacancy rates of Berlin's rental properties including homes and apartments were extremely low at 3.4 percent. Many profitable options appeared to investors in purchasing "buy-to-let" apartments and other properties giving them a consistent and very profitable income based on renting.
Another fantastic advantage in the Berlin investment property industry is the clearness of information, which the German government give to its foreign investors. They give information in the likes of property prices, rental rates, returns on the investment, and sales information that will be given correctly and in a straight and decent manner so they may be informed to make the right decision for them. - 23218
With an economic growth rate of 2.5 percent posted in 2006, Germany has earned its highest level of confidence in the world market in 15 years. The country is experiencing an unprecedented economic revival, what with a strong export market and a rising housing price index, and therefore making it a perfect time to invest.
There has been a steady increase of investors in Berlin after years of economic sluggishness, predominantly on the eastern part of the country and particularly in Berlin, which has kept the prices of properties relatively low. The mortgage outlook in the country has been encouraging, with the government easing up on mortgaging policies, as a lot of Germans opt to buy their own homes instead of just renting them.
Even throughout the year 2007, the economy has steadily grown by 2.5 percent and now we begin to see that housing prices have begun to rise slightly. Since commercial property and office spaces are very low in cost there have been many European and British investors setting up offices and headquarters there and continual pour money into Berlin. When the Berlin wall fell, the city entered the race with many other larger and advanced cities for economic development like Munich and Frankfurt to name a couple. However there is a particularly unconventional occurrence that is happening in Berlin since property prices are substantially lower in the capital the in less major cities of Germany Berlin investment property has become increasingly attractive.
The Mitte and Charlottenburg districts are identified as the best properties to invest in, where properties of high value can be sold for a very reasonable amount making them the best deals on the continent. In only a few years down the road, it is estimated that the property rates in these areas will extensively increase as the demand will increase several times over.
Serious interest is growing in the Berlin investment property arena due to the profitable returns on investment. The development of the Schlosspark-Carree for instance, is supported by a 10-year rental guarantee by a consortium of participating banks making it one of the most attractive investment opportunities in the whole continent. What is more, the 10-year rental guarantee is also complimented by a counterpart 10-year maintenance and modernization plan, and even free rental management of the properties offered for sale.
In terms of population, which is the backbone of any structured economy, Berlin has a stable population of 3.4 million people, or almost the same population of three cities; Frankfurt, Munich, and Hamburg; combined, making it the largest populated city in the entire country.
There were 1.8 million households with 1.8 persons living in each household at Berlin in the year of 2003. Over the past few years the numbers has increasingly raised very steadily and it is suspected by 2025, the number of households in the city should reach the 2 million mark. This spread out over eighteen years will be an increase annually of 8,400. This expanding population would start a large movement of investors investing in property at Berlin, which will cause local residence trouble in getting mortgages for their houses and would have to switch to renting a home.
This would happen by foreign investors purchasing high yield properties in Berlin and then reselling them to the locals for a decent profit, and Berlin would be the place to do this since it has the essential ingredients for a great property market venture.
The Advantages of buying Berlin investment properties
In contrast to other investment markets and centres around the world Berlins is a very liquid rental base market. Around 87% of Berlin's population which comes to about three million some people have decided to rent out their homes instead of buying them for ownership. Near the end of the year in 2008 vacancy rates of Berlin's rental properties including homes and apartments were extremely low at 3.4 percent. Many profitable options appeared to investors in purchasing "buy-to-let" apartments and other properties giving them a consistent and very profitable income based on renting.
Another fantastic advantage in the Berlin investment property industry is the clearness of information, which the German government give to its foreign investors. They give information in the likes of property prices, rental rates, returns on the investment, and sales information that will be given correctly and in a straight and decent manner so they may be informed to make the right decision for them. - 23218
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Looking to find the best prices for Berlin Flats #1 and apartments, then visit www.berlinproperty.co.uk to find the best advice on the Berlin property market #2.
posted by X - Men @ 4:52 AM
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